The "Transfer Case Market by Drive Type (Chain, Gear Driven), Shift Type (Electronic, Manual), Type, Off-Highway (Construction Equipment, Farm Tractor), Ice & Hybrid Vehicle (Passenger Car, LCV, HCV, HEV, PHEV) & Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The Transfer Case Market is estimated to be US$9.79 billion in 2017 and is projected to grow to US$20.33 billion by 2025, at a CAGR of 9.56%

The increased sales of SUVs and premium sedans is the key growth driver for the transfer case market. The increasing demand for safety and traction in extreme weather or surface conditions, and the need for easy maneuverability are other factors driving the demand for AWD and 4WD across the globe. The increasing demand for AWD and 4WD would, in turn, fuel the demand for the transfer case market.

On the other hand, the increasing demand for battery electric vehicles can hinder the growth of the transfer case market. As BEVs do not use a transfer case for power distribution, the increasing popularity of these vehicles will impact the growth of the transfer case market in the long term.

The passenger car segment, which includes sedans, hatchbacks, SUVs, and crossover SUVs, is estimated to be the fastest growing market for transfer case. In passenger cars, the SUV segment is the most promising market for transfer case as most of the SUVs are equipped with 4WD or AWD.

The Asia-Pacific is estimated to be the largest transfer case market for passenger cars owing to the huge vehicle production with 4WD or AWD. Subaru Forester, Mazda CX-5, Haval H6, and Toyota RAV4 are some of the top-selling SUVs equipped with a transfer case in the Asia-Pacific region. North America is estimated to be the largest transfer case market for the LCV segment.

The high sales of SUVs and light pickup trucks drive the market growth in the North American region. Both these vehicle types have been considered under the LCV segment for the North American region.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Transfer Case Market, By Four-Wheel Drive Type

7 Transfer Case Market, By Drive Type

8 Transfer Case Market, By Shift Type

9 Transfer Case Market, By Off-Highway Vehicles

10 Transfer Case Market, By Hev & Phev

11 Transfer Case Market Analysis, By Vehicle Type

12 Transfer Case Market, By Region

13 Competitive Landscape

14 Company Profiles

  • Aisin Seiki
  • American Axle & Manufacturing
  • Borgwarner
  • Dana
  • GKN
  • JTEKT
  • Magna
  • Meritor
  • Schaeffler
  • ZF

For more information about this report visit https://www.researchandmarkets.com/research/7k4gxs/global_20?w=4